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Trump To Declare English Official Language of US: What Does Executive Mean?
Saturday, March 1, 2025 - 4:20pm | 419President Donald Trump is reportedly set to sign an executive order, designating English as the official language of the United States. White House officials stated that the order aims to improve government efficiency and promote national unity, BBC reports. Along with this move, Trump plans to...
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Retail Sales Boom In January: Here's The Word On The Street, What It Means For The Federal Reserve
Wednesday, February 15, 2023 - 1:36pm | 733Retail sales in the U.S. increased more than economists anticipated last month, suggesting economic activity picked up to start the year following a slowdown around the holiday season. The stronger-than-expected jump is helping to shake off recession fears but might...
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The June Construction Spending Data Investors Need To Know
Tuesday, August 3, 2021 - 11:27am | 323About $1.5 billion of total construction annual spending occurred in June, only up by about 0.1% over May, according to the new U.S. Census Bureau report. Private spending drastically outpaced public spending by almost $1 billion. In fact, public construction spending was down 7.5% compared with...
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Rental Vacancy Rates Fall, But Census Cautions On Data Collected During Pandemic
Wednesday, July 29, 2020 - 2:41pm | 315National vacancy rates in the second quarter of 2020 were 5.7% for rental housing and 0.9% for homeowners, the U.S. Census Bureau said Tuesday. What Happened: In the second quarter, 90.1% of homes in the U.S. were occupied, with 61.2% of these homes being owner-occupied. The median asking...
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U.S. Household Incomes Rise For First Time In Nearly 10 Years
Wednesday, September 14, 2016 - 9:22am | 551U.S. household incomes had not risen since 2007. However, 2015 saw growth not only return, but also hit its highest rate since the Census Bureau first started releasing this data in 1967. Over last year, the typical U.S. family’s inflation-adjusted median income surged by 5.2 percent. After...
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Piper Jaffray Is Upgrading Lowe's, Says Too Many Tailwinds To Ignore
Thursday, April 16, 2015 - 10:21am | 281In a report published Thursday, Piper Jaffray analyst Peter Keith upgraded shares of Lowe's Companies, Inc. (NYSE: LOW) to Overweight from Neutral with a price target raised to $88 from a previous $79 based on a "confluence" of favorable sales tailwinds. Keith conducted a home improvement survey...
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April Retail Sales Disappoint
Tuesday, May 13, 2014 - 1:12pm | 220Tuesday morning was a big day for retail, as the Census Bureau retail measurements, ICSC-Goldman retail survey and Redbook results were all released. According to the Census Bureau, there was no sales growth for April while economists expected a 0.6 percent increase. The lack of growth is also...
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Worrying Housing Market Signs
Saturday, April 12, 2014 - 3:56pm | 1160Real estate is a mosaic of illiquid local markets rather than a efficient national market, so it is a little misleading to talk about the 'housing market' nationally. Despite the heterogeneity, certain macro conditions can suggest, on average, housing's future. Below is a recap of issues facing...
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Homebuilding Sector Getting Some Attention Amid Analyst Note, Upcoming Earnings Data
Tuesday, December 17, 2013 - 5:37pm | 426Investors in the Homebuilder group are digesting a number of news items Tuesday afternoon. In addition to a research note from a Compass Point analyst earlier, traders are reviewing data out of the NAHB. Later this week, the Street will get results from Lennar and data on housing starts on...
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Trade Deficit Widens in April as Import Growth Outpaces Exports
Tuesday, June 4, 2013 - 9:26am | 538The U.S. trade deficit widened in April from March as the growth in imports outpaced that of exports. Consumer goods imports saw a sharp increase in the month in a sign that the U.S. consumer may have bounced back in April following the release of tax rebates. For April, the Census Bureau reported...
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Durable Goods Orders Plummet in August at Worst Rate Since Recession
Thursday, September 27, 2012 - 10:49am | 508New orders for durable goods dropped the most in August since the depths of the Great Recession. Businesses cut back spending on long-term, fixed assets. Companies had been increasing spending on durable goods for the previous three months but this month's report wipes out all of those gains. The...
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American Manufacturing Drives the Recovery
Wednesday, August 24, 2011 - 9:59am | 337Both a) new orders and b) actual shipments of manufactured durable goods showed strong monthly increases in July, increasing by 4.0% and 2.5% respectively compared to June, according to today's Census Bureau report. New orders for durable goods in July, at $201.5 billion, were at the highest...
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America Is The Greatest, Yet 14% Live In Poverty
Thursday, September 16, 2010 - 3:19pm | 115Many people like to proclaim America is the most prosperous and greatest democracy ever produced. Yet, the Census Bureau reported today 14.3% of all citizens live in poverty. Poverty is defined as an annual income of $10,956 for an individual and $21,954 for a family of four. Call me crazy, but I...
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Census 2010: The Top Winners - And Losers
Wednesday, March 31, 2010 - 5:10pm | 415National Census Day is tomorrow, April 1st - and no, that's not a joke. The taking of the Census once every 10 years is a milestone event when it comes to federal funding, and determines who will gain - or lose - for the next 10 years. Why's that? There are two principal things governed by...
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Census Update: 16% Completed
Wednesday, March 24, 2010 - 2:34pm | 132So far the 2010 Census is off to a positive start with 16% being returned only one week after being mailed. Over 120 million households were sent the Census and requested to complete and return it as soon as possible. Although it is nearly impossible to get a 100% return rate, the 16% within the...